Ramco Cements commissions Oxygen Plant to supply medical oxygen to Government Hospitals

Ramco Cements has commissioned a much needed Oxygen plant at its factory in Ramasamy Raja Nagar in Virudhunagar district of South Tamil Nadu, for the welfare of common people. True to its history and legacy, the company has dedicated this oxygen plant for supply of medical oxygen to the Government hospitals in Rajapalayam, Virudhunagar, Sivakasi, Aruppukottai and Sathur. The plant was inaugurated today by Virudhunagar District Collector Mr.R.Kannan, IAS, in the presence of the Hon'ble Minister for Industries, Tamil Official Language, Tamil Culture and Archeology Mr.Thangam Thennarasu and Hon'ble Minister for Revenue and Disaster Management Mr. K.K.S.S.R. Ramachandran.

The plant established at a cost of Rs.50 lakhs has a production capacity of 48 numbers of oxygen cylinders per day. Each cylinder has a capacity of 45 liters of liquid oxygen, which is equal to 7000 liters in gaseous form. At the rate of 10 liters per minute, one cylinder can feed one patient for 10 to 12 hours. With this continuous supply of medical oxygen from this plant, around 24 lives can be saved every day.

Shares of The Ramco Cements Limited was last trading in BSE at Rs.932.9 as compared to the previous close of Rs. 937.55. The total number of shares traded during the day was 45310 in over 1337 trades.

The stock hit an intraday high of Rs. 950 and intraday low of 924.8. The net turnover during the day was Rs. 42190021.

Source : Equity Bulls

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